Domus Social Housing was established to support homeless and vulnerable groups, but saw its rental income collapse. The future of a homeless housing investment firm modeled on the scandal-plagued Home REIT and backed by the Phoenix Group is in jeopardy after a number of its tenants filed for bankruptcy or stopped paying rent. City AM. […]
(Yicai) Aug. 21 — Operators of Chinese luxury shopping malls, including Hang Lung Properties, saw their rental income slump in the first half of the year, mainly due to a slowdown in luxury goods consumption. Hang Lung reported revenue of HKD 6.4 billion (US$897 million) in the six months ended June 30, up 15 percent […]
Gilmore Tana / Getty Images/iStockphoto Are you thinking about investing in a holiday home on the east coast? Then you are on the right track. From sandy beaches to historic cities, the east coast offers numerous exciting holiday destinations. GOBankingRates spoke with Lavender Lloyd, Property Management Training Director at Real Property Management, to get the […]
In the past, there have been calls for the government to ease the burden on multi-property owners and reduce taxes levied on rental income. Rental income for real estate For example, KPMG, a multinational network of professional service providers and one of the four major auditing firms, made this demand in its draft budget two […]
Rental Income Tax Singapore: Calculation and Payment (2023) Rental income tax in Singapore is charged when you receive a monthly payment for the properties you rent out. Although renting out second properties is not a job or form of employment, it is still considered a source of income. This means that you will have to […]
